Diamondback Energy Inc. said Aug. 14 it will create a Permian powerhouse with the acquisition of Energen Corp. in an all-stock transaction...
The Midland oil producer Diamondback Energy said it will pay $1.2 billion for the assets of a Permian Basin-focused Houston startup. Diamondback...
As the United Kingdom fought for its survival during World Way II, a team of American oil drillers, derrickmen, roustabouts and motormen...
AUTHOR: Range Resources Vice President of Drilling, Don Robinson as reported in the Journal of Petroleum Technology, August 2018. In early 2018, with...
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Kimbell Royalty Partners, LP reported Q2 EPS after closing the Haymaker acquisition in July.
There is no denying that the oil & gas industry has struggled in recent years with varying opinions on the effects of...
U.S. oil producer Apache Corp is putting its West Texas pipeline assets into a joint venture with investment firm Kayne Anderson that...
OKLAHOMA CITY, Aug. 7, 2018 /PRNewswire/ –/PRNewswire/ Continental Resources, Inc. today announced second quarter operating and financial results. The Company reported net income of $242.5 million,...
The data here is provided courtesy of Oseberg, a next-generation oil & gas information and data analytics company that offers a compelling new...
U.S. stocks finished mostly higher on Tuesday afternoon, with the S&P 500 and the Nasdaq Composite scoring back-to-back gains ahead of Wednesday's release of August's CPI inflation report.
The Dow Jones Industrial Average was down 92.63 points, or 0.2%, ending at 40,736.96, according to FactSet data.
The S&P 500 rose 24.47 points, or 0.5%, to end at 5,495.52.
The Nasdaq Composite advanced 141.28 points, or 0.8%, to finish at 17,025.88.
According to FactSet data, the S&P 500's energy and financials sectors were the only two sectors to end in the red on Tuesday, down nearly 2% and 1%, respectively. Shares of JPMorgan Chase & Co. finished 5.2% lower amid widespread pressure on bank stocks.
Traders also look at two key economic reports that will likely decide the size of the Federal Reserve's first interest-rate cut next week. August's consumer-price index report is due Wednesday morning at 8:30 a.m. Eastern time, followed by the producer-price index report on Thursday morning.
U.S. bankruptcy filings spiked in August after a slowdown in July, propelling the total for the first eight months of the year to the highest level since 2020 and second-highest since 2010, S&P Global Market Intelligence said Monday.
There were 452 filings in the year through end August, which compares with 466 in the same period in 2020, when the pandemic was still in full swing, and 604 in the same period in 2010.
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
A federal judge has hit the pause button on new oil and gas drilling...
Story By Andreas Exarheas |Rigzone.com| The U.S. Energy Information Administration’s (EIA) latest gasoline and...
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
A small group of California Republicans has introduced several bills ahead of a special...
Helium is the second most abundant element in the universe after hydrogen. It is a...
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
By Irina Slav for Oilprice.com | Crude oil prices moved higher today after the...
The U.S. Department of the Treasury, through its Office of Foreign Assets Control (OFAC),...
Chris Matthews from Hart Energy, who covers the North American upstream shale energy industry...
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